Weekly Market Activity Report
For Week Ending November 18, 2023 (Data current as of Nov. 27, 2023)
Weekly market activity data and reports are provided by ShowingTime, and updated on Mondays by 2:00 pm, once received. Exceptions are on Monday holidays when data/reports are not available until the following day.
U.S. home seller profits continue to rise, with profit margins on median-priced single-family home and condo sales climbing to 59% in the third quarter of the year, up from 56.6% in the second quarter of 2023, according to ATTOM’s Q3 2023 U.S. Home Sales Report. Typical profit margins increased from the second quarter to the third quarter of 2023 in 85 of 155 metropolitan statistical areas analyzed, although profits were down year-over-year in 103, or 66%, of those metro areas.
In the Charlotte region, for the week ending November 18:
- New Listings increased 11.2% to 857
- Pending Sales increased 4.6% to 702
- Inventory decreased 17.5% to 6,626
For the month of October:
- Median Sales Price increased 0.0% to $380,000
- List to Close decreased 4.8% to 80
- Percent of Original List Price Received increased 0.9% to 97.4%
- Months Supply of Homes for Sale remained flat at 1.9
View the full Charlotte report
Asheville Region
In the Asheville region, for the week ending November 18:
- New Listings increased 17.4% to 236
- Pending Sales increased 18.9% to 214
- Inventory increased 5.6% to 2,527
For the month of October:
- Median Sales Price increased 9.2% to $415,000
- List to Close decreased 1.1% to 86
- Percent of Original List Price Received decreased 0.5% to 94.7%
- Months Supply of Homes for Sale increased 25.0% to 3.0
View the full Asheville report
Catawba Valley region
In the Catawba region, for the week ending November 18
- New Listings increased 25.7% to 88
- Pending Sales increased 24.1% to 67
- Inventory increased 3.6% to 715
For the month of October:
- Median Sales Price increased 12.1% to $292,000
- List to Close decreased 1.4% to 70
- Percent of Original List Price Received increased 0.1% to 96.5%
- Months Supply of Inventory increased 15.8% to 2.2